Coming Tuesday, November 29, 2011, at 12:00 PM (noon) ET, the United States Mint will debut the collector Olympic National Park Five Ounce Silver Uncirculated Coin.
Image of the Olympic National Park Five Ounce Silver Uncirculated CoinWhat makes the collector Olympic silver coin unique is its limited mintage, uncirculated finish, and the Philadelphia mint mark. It also comes packaged in the U.S. Mint's protective coin holder and presentation case with a Certificate of Authenticity. The bullion version, struck for investors, is already on the market and can be found through various coin and precious metal dealers.
As the third 2011-dated five ouncer and the eighth release in the America the Beautiful coin series, the Olympic coin honors Olympic National Park in Washington, a massive sanctuary of nearly one million acres that has everything from beaches to rain forests to glacier-capped mountains.
The designs are the same as the circulating Olympic quarter but on a larger scale. Its reverse features an elk standing on the bar of the Hoh River with Mount Olympus in the background. Inscriptions are OLYMPIC, WASHINGTON, 2011 and E PLURIBUS UNUM.
If the price of the coin remains the same as the other available .999 fine silver five ounce coins, it will cost buyers $229.95 each. When it launches, there will be a five coin per household limit for at least the first week. For the previous Glacier National Park Five Ounce Uncirculated Coin released in October, the United States Mint is still enforcing the limit.
For reference, the United States Mint press release about the Olympic National Park Five Ounce Uncirculated Coin follows.
WASHINGTON - Collectors may begin ordering the 2011 America the Beautiful Five Ounce Silver Uncirculated Coin - Olympic National Park (Washington) on November 29 at noon Eastern Time (ET). The current price of the coin is $229.95; however, as with all United States Mint products containing precious metals, pricing is subject to change.
A maximum mintage limit of 35,000 units has been set for each of the 2011 America the Beautiful Five Ounce Silver Uncirculated Coins. Orders will be limited to five coins per household for the first week of sales. At the end of one week, the United States Mint will re-evaluate this limit and either extend, adjust or remove it.
The America the Beautiful Five Ounce Silver Uncirculated Coins are collector versions of those issued through the America the Beautiful Silver Bullion Coin™ Program. The three-inch uncirculated coins feature the same designs that appear on the bullion coins and the corresponding circulating quarters issued through the America the Beautiful Quarters® Program.
The America the Beautiful Five Ounce Silver Uncirculated Coins are struck in .999 fine silver and display the "P" mint mark indicating production at the United States Mint at Philadelphia. To protect the uncirculated finish, each coin is enclosed in a capsule and an attractive presentation case. A Certificate of Authenticity is included with each coin.
The United States Mint will accept orders at http://www.usmint.gov/catalog and at 1-800-USA-MINT (872-6468). Hearing- and speech-impaired customers with TTY equipment may order at 1-888-321-MINT (6468). A shipping and handling fee of $4.95 will be added to all domestic orders.
Note: To ensure that all members of the public have fair and equal access to United States Mint products, orders placed prior to the official on-sale date and time of November 29, 2011, noon ET shall not be deemed accepted by the United States Mint and will not be honored. For more information, please review the United States Mint's Frequently Asked Questions, Answer ID #175.
The United States Mint, created by Congress in 1792, is the Nation's sole manufacturer of legal tender coinage and is responsible for producing circulating coinage for the Nation to conduct its trade and commerce. The United States Mint also produces proof, uncirculated and commemorative coins; Congressional Gold Medals; and silver, gold and platinum bullion coins.
Related posts:
Olympic National Park Five Ounce Silver Bullion CoinYellowstone National Park Five Ounce Silver Uncirculated CoinTagged as: Silver Coins, United States Mint
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